ANNUALISED RATES OF PROFIT FOR FOREIGN CURRENCY DEPOSIT
PERIOD: JUL-2020 – DEC-2020
Effective 01 JUL 2020
|Tenor||Profit Rates (% p.a.)|
|Savings Deposit (2,000 & Above)|
|Term Deposits (2,000 & Above)|
FCY TD will be booked for minimum amount of 2,000 (USD/GBP/EURO)
No rate will be applied on FCY Savings balance below 2,000 (USD/GBP/EURO)
These rates are effective from 1-JUL-20 on fresh deposit and roll-overs.
In case of Premature encashment of a time deposit, penalty of 0.25% on principal amount would be applied to an extent where paid profit is either partially or fully adjusted, however there will be no reduction in principal balance.
Profit Rates will be negotiable, subject to approval of Head CRBG & Head Treasury
To download the rate sheet, click here